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Property profile & analytics
OFF-MARKET
Neighborhood centers

85 Merritt Ave Merritt Island, FL 32953

97,500 SF
Property ID
Property summary
AI-generated overview

Home Depot Plaza, located at 85-240 E Merritt Avenue, Merritt Island, FL 32953, presents a prime retail opportunity in Brevard County. This shopping center/strip center offers a total of 97,500 square feet of retail space, currently comprised of two suites. A significant portion of the property, totaling 7,865 square feet, is currently vacant and available for lease. Individual spaces range from a minimum of 2,400 square feet to a maximum contiguous space of 5,465 square feet, providing flexibility for various retail businesses. The property boasts abundant parking, ensuring convenient access for customers. The property's strategic location in Merritt Island, Florida, offers high visibility and accessibility, making it an ideal location for businesses seeking strong foot traffic and exposure. This is a multi-tenant property, providing a vibrant and diverse retail environment. The property type is retail, specifically a shopping center/strip center. Interested parties should inquire about lease terms and availability. The property is situated in a thriving commercial area of Brevard County, offering excellent potential for growth and success.

Property profile
Verified
Property type Neighborhood centers
Total area 97,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bella Sicilia Cafe Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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